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    Exam 13: Measuring and Evaluating Financial Performance
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    Net Income Divided by Net Sales Is the Calculation for Which
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Net Income Divided by Net Sales Is the Calculation for Which

Question 32

Question 32

Multiple Choice

Net income divided by Net sales is the calculation for which of the following ratios?


A) Return on equity ratio.
B) Net profit margin ratio.
C) Current ratio.
D) Asset turnover ratio.

Correct Answer:

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